Katapult Holdings, Inc. (NASDAQ:KPLT – Get Free Report) was the recipient of unusually large options trading on Wednesday. Stock investors bought 21,767 put options on the company. This is an increase of 1,055% compared to the typical volume of 1,884 put options.
Hedge Funds Weigh In On Katapult
An institutional investor recently bought a new position in Katapult stock. Boston Partners bought a new stake in shares of Katapult Holdings, Inc. (NASDAQ:KPLT – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 20,257 shares of the company’s stock, valued at approximately $207,000. Boston Partners owned 0.50% of Katapult at the end of the most recent reporting period. 26.81% of the stock is currently owned by institutional investors.
Katapult Stock Performance
Shares of KPLT opened at $8.90 on Thursday. The stock has a 50 day moving average price of $12.22 and a two-hundred day moving average price of $11.20. The firm has a market capitalization of $36.22 million, a P/E ratio of -0.99 and a beta of 1.79. Katapult has a 52 week low of $8.26 and a 52 week high of $24.76.
About Katapult
Katapult Holdings, Inc, an e-commerce focused financial technology company, provides e-commerce point-of-sale lease-purchase options for nonprime consumers in the United States. The company's technology platform provides nonprime consumers with a lease purchase option to enable them to obtain durable goods from its network of e-commerce retailers.
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